MP High Court: Women Retain Reservation Benefits After Marriage if Caste is Recognized in Both States  ||  Allahabad HC: Police Must Prosecute Informants of False Firs, and IOs May Face Contempt if They Fail  ||  MP HP: Over-Age Candidate Cannot Claim Age Relaxation Due to Delay in Earlier Recruitment  ||  Kerala HC: Petrol Pump Licence is Automatically Cancelled on Lease Expiry Without Any Hearing  ||  MP HC: Trial Courts Cannot Grant Permanent Injunction in Title Suits Without Recovery of Possession  ||  MP High Court: Guardians Can be Liable For Minors Flying Kites With Chinese Manjha  ||  SC: Under Order XXI Rule 102 CPC, A Transferee Pendente Lite Cannot Obstruct Execution of a Decree  ||  SC: RTE Act promotes fraternity and equality by children of judges and vendors studying together  ||  MP High Court: Aadhaar and Voter ID Cards are Not Definitive Proof of Date of Birth  ||  Chhattisgarh HC: Second Marriage During Subsisting First Marriage Void Unless Custom Permits It    

Delhi HC: RBI's Intention is to Maintain Status Quo on Account Classification as on March 1 - (15 Apr 2020)

BANKING

Delhi High Court has provided interim relief to an account from being declared a Non Performing Asset by the Punjab & Sind Bank in light of the moratorium allowed by the Reserve Bank of India (RBI) by its circular issued on 27th March, 2020. The Court has observed that the intention of the RBI while issuing the regulatory package was to maintain status quo with regard to the classification of accounts of the borrower as they existed on 1st March, 2020.

Tags : DELHI HIGH COURT   RESERVE BANK OF INDIA   STATUS QUO ON ACCOUNT CLASSIFICATION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved